Cosi Inc vs La Madeleine Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cosi Inc vs La Madeleine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$762,600 - $899,800 | $1,249,362 - $3,088,747 |
Franchise Fee |
$40,000 | $40,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
2% | 2.5% |
Year Founded |
- | 1983 |
Year Franchised |
- | 2011 |
Term Of Agreement |
10 years | Term of agreement not renewable |
Term Of Agreement |
10 years | Term of agreement not renewable |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | • Passionate about the la Madeleine brand and our food
• $5 million net worth; liquid assets of $2.5 million
• Dedicated to developing multiple restaurants in a given market
• Excellent knowledge of the local retail real estate market
• Resources to develop and operate at least three (3) bakery cafés in a given territory
• Strong track record as a multi-unit restaurant operator
• Cultural fit |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | No/No |
Start-up Costs |
-/- | No/Yes |
Equipment |
-/- | No/Yes |
Inventory |
-/- | No/Yes |
Receivables |
-/- | No/Yes |
Payroll |
-/- | No/Yes |
Training & Support |
Training |
- | • Ongoing field support
• Store opening assistance
• Continuous training
• Extensive six-week training program for Operations Directors, General Managers, and Managers
• Ongoing culinary development
On-The-Job Training: 416 hours
Classroom Training: 64 hours
|
Support |
- | Real Estate
• Market evaluation and planning
• Site selection assistance
• LOI and contract negotiation assistance
• In-house real estate resources
• Identifying and securing local representation
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
- |
• Grand opening assistance
• Store opening and PR resources
• Local marketing support
• Creative support for national promotional events
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Email marketing
Loyalty program/app |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Cosi Inc
At the heart of every Cosi restaurant is an open-flame stone-hearth
oven where the Cosi signature flatbread is made from scratch throughout
the day. The flatbread is made from a generations-old recipe and is
part of many Cosi favorites.
Cosi was founded on the idea that
good-for-you food should be delicious. Menu items are made using fresh
ingredients and distinctive sauces and spreads to create edgy flavors.
The menu features made-to-order sandwiches, hand-tossed salads, bowls,
breakfast wraps, melts, all natural soups, signature Squagels, artisan
flatbread pizzas, S'mores, snacks and desserts. Guests can also enjoy
handcrafted beverages and a variety of coffee-based and specialty
beverages.
About La Madeleine
La Madeleine's serves handcrafted, crave-worthy country French-inspired dishes makes them a favorite with critics and guests alike. Their casual French home atmosphere and versatile menu makes them the perfect place for any meal or a special afternoon treat. La Madeleine guests are greeted with a friendly "bonjour" and an inviting ambiance where they can relax while enjoying time with friends and family. With a menu that satisfies cravings morning, noon, and night, it's no wonder guests keep coming back.
For experienced restaurateurs, la Madeleine presents an exciting, financially sound opportunity to share in a unique concept with great potential. At la Madeleine we pride ourselves on our handcrafted food and ambiance we share with our guests. But behind the scenes we work even harder to provide support to our franchisees to help them grow both their business and the la Madeleine brand.
We understand investing in the la Madeleine name and menu is just part of the equation for you. World-class operations and efficiencies are equally important and la Madeleine has those. Our commitment to you as a franchisee is to constantly work to find better, more efficient and more profitable ways to help you operate your la Madeleine franchise.
The total investment necessary to begin operation of a
la Madeleine franchise is as follows:
- Traditional Café: $1,249,362 to $3,088,747 (excluding real estate
and landlord allowances). This includes $43,630 that must be paid to the
franchisor or their affiliates.
- Petite Café: $1,426,200 to $1,747,400. $390,983 to $1,718,012
(excluding real estate and landlord allowances). This includes between
$20,000 and $43,630 that must be paid to the franchisor or their
affiliates.
#125 in Franchise 500 for 2020.
#141 in Franchise 500 for 2021.